Cannabis Compensation #4: What are cannabis companies like us doing about compensation?

Fred WhittleseyCannabis Compensation Consultants, Conscious Compensation: The Impact Compensation Blog, Pay and Performance: The Compensation Blog

Most public companies, and many private companies, develop a group of “peer” companies for compensation comparisons. And most generally follow the policy of Institutional Shareholders Services. ISS dictates that companies select peers based on the company’s industry code (GICS) and size (revenue and market cap). That is just not possible in the cannabis sector, because it is not an “industry” but a sector composed of many industries: agriculture, real estate, extraction devices, chemistry, biotechnology, cosmetics, food and beverages – and more. That is why I wrote a blog published by the National Cannabis Industry Association and also on Leafwire. Read it here:

What are companies like us doing about compensation? All about cannabis peer groups.